Carl Icahn to Nominate Four Directors to Xerox's Board

Xerox said Monday that former Icahn Capital Managing Director Jonathan Christodoro resigned from its board so that activist investor Carl Icahn's organization could nominate four directors at Xerox's annual shareholder meeting in 2018.

 
In New NFL Deal, Verizon Trades Mobile Exclusivity for Rights on Yahoo

Verizon Communications will no longer have the exclusive mobile rights to distribute the games to its wireless customers, but the $2 billion deal will expand the partnership to Verizon-owned platforms like Yahoo Sports.

 
SoftBank to Invest More in OneWeb

Japan's SoftBank Group has agreed to invest roughly $500 million more in satellite broadband provider OneWeb, according to a person familiar with the details.

 
HSBC to Be Released From U.S. Deferred Prosecution Agreement

HSBC is to be released from a controversial agreement that let it avoid U.S. criminal charges in 2012, after it was judged to have sufficiently improved its systems to keep out financial criminals.

 
Steinhoff Seeks to Shore Up Finances With Extra Advisers

Steinhoff has appointed additional outside advisers as the retail giant battles a burgeoning financial crisis that has engulfed the firm since it disclosed possible accounting irregularities last week.

 
Mobile-Wireless Market Might Be Our  Post Net-Neutrality World

With rules governing internet services set to be rolled back, service providers and their detractors are envisioning new models that could translate into a wider range of fees-both lower and higher.

 
J.P. Morgan Chase's Sapphire Reserve Card Gets a New Chief

J.P. Morgan Chase is bringing in a new executive to run one of its hottest products, the Sapphire Reserve credit card, at a time when doubts have surfaced within the bank about its financial prospects.

 
Disney Deal for Fox Would End Era of the 'Big Six' Studios

Walt Disney would likely significantly scale back Fox's movie studio if the company nails down a deal to buy most of the assets of 21st Century Fox, as part of Chief Executive Robert Iger's plan to transform the company into a direct-to-consumer digital powerhouse to rival Netflix.

 
Qatar, Britain Finalize Deal for 24 Jet Fighters

The government of Qatar and British weapons maker BAE Systems have finalized a multibillion deal for 24 combat jets, continuing a weapons buying spree by the Middle East country.

 
Hospital Giants in Talks to Create U.S.'s Largest Operator

Ascension and Providence St. Joseph Health are in talks about a possible merger that would put 191 hospitals in 27 states under a single owner, as a series of major deals are poised to consolidate control of the health-care landscape into fewer hands.

(END) Dow Jones Newswires

December 11, 2017 09:00 ET (14:00 GMT)

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